Court St. arrested property and shares of the St. Petersburg oil terminal 14:09

The Arbitration Court of St. Petersburg and the Leningrad Region arrested the property and funds of the Petersburg Oil Terminal JSC on the claim of the Prosecutor General’s Office of the Russian Federation. This was reported by RIA Novosti referring to the materials of the authority.

“All shares of St. Petersburg Oil Terminal JSC were seized” <...>. In the court decision, it was stated that all immovable and movable properties should be confiscated.

All of the terminal’s money was confiscated, except for funds needed to pay banks and suppliers, transfer salaries to employees, and pay taxes, among other things.

At the same time, PNT was prohibited from stopping production except in emergencies.

at the January GP filed sue the terminal and its co-owners. The ministry aims to invalidate transactions carried out between 2016 and 2020, as a result of which the share of the businessman’s heirs who are citizens of countries “unfriendly” to Russia, such as Germany and France, increased to 50 percent. registered capital of the company.

The Prosecutor General’s Office points to a violation of the law as a result of the establishment of foreign control over this strategic facility.

Previously Chief Public Prosecutor’s Office appealed Court decision regarding land in the village of Barvikha.

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Source: Gazeta

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